Conditions Precedent to Drawdown definition

Conditions Precedent to Drawdown means the conditions precedent to Drawdown as set out further in the Key Terms; Configurations has the meaning set out in the Key Terms;
Sample 1Sample 2Sample 3
Conditions Precedent to Drawdown. As are customary for a financing of this nature, to include but not limited to the following matters to the satisfaction of the Lenders:
Sample 1

Examples of Conditions Precedent to Drawdown in a sentence

  • If the Conditions Precedent to Drawdown were met after the 10th hour of a Business Day, the Bank may effect the Drawdown only on the next Business Day.

  • Subject to meeting the Conditions Precedent to Drawdown, the Bank may also provide the Instalment Loan without the Drawdown Application.

  • Hoxby (2002) demonstrates that teachers work more hours in schools located in areas with more school choices available to parents.

  • The Bank may provide the Loan or Reserve Funds also without meeting the Conditions Precedent to Drawdown.

  • Meeting of the Conditions Precedent to Drawdown shall be assessed exclusively by the Bank.

  • Subject to meeting the Conditions Precedent to Drawdown, the Bank may also provide the Term Loan without the Drawdown Application.

  • The Bank shall provide the Loan or Reserve Funds upon meeting the Conditions Precedent to Drawdown.

  • This loss is taken into account when calculating the total metal in the surface sediment.

  • The Bank shall provide the Loan or Reserve Funds on the day of meeting the Conditions Precedent to Drawdown.

  • MSD will provide the Upfront Development Cost Funding Amount to cover the agreed percentage of the Provider’s Development Costs (up to a maximum amount) as set out in the Key Terms, subject to the Provider satisfying any Conditions Precedent to Drawdown and otherwise complying with the terms and conditions of this Agreement.

Related to Conditions Precedent to Drawdown

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Drawdown means a drawdown of an Advance;

  • Special Conditions of Contract means the pages completed by the Procuring Entity entitled Special Conditions of Contract which constitute Part A of the Special Conditions.

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • Conditions of Approval means condition(s) imposed by the Municipality in the approval of a land development application, including any conditions contained in the annexure(s) and/or plans and/or attachment(s) that form part of the approval and/or are referred to in the approval of the land development application;

  • Initial Advance means the first Advance made pursuant to Article II.

  • General Conditions of Contract means the ‘Instructions to Tenderers’ and ‘General Conditions of Contract’ pertaining to the work for which above tenders have been called for.

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

  • General Conditions means the “International Development Association General Conditions for Credits and Grants”, dated July 1, 2005 (as amended through October 15, 2006).

  • Additional Conditions means the terms and conditions set out in the Offer Document.

  • Terms & Conditions means the Special Conditions of Contract and General Conditions of Contract herein mentioned and other stipulations incorporated in any part of Tender Document and /or Agreement.

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than 150% of the outstanding principal amount of the Secured Obligations plus the Qualified Cash A/P Amount.

  • Utilisation means a utilisation of the Facility.

  • Facility Increase has the meaning provided in Section 2.15(a).